Solar Panel Cost Guide in Maytown, PA (2024 Update)
- Maytown Solar Installation Cost: $16,331
- 25-Year Savings: $13,009
- Payback Period: 16.5 Years
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Average Cost of Solar Panels in Maytown
We go over average solar pricing in Maytown.
The national average cost of solar panels is $2.66 per watt, but in Maytown it’s 4 per watt.Using this figure, a typical 6.6-kW system would cost about $16,331 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Maytown homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $14,000 on power bills over 20 years, many homeowners in Maytown find installing solar panels can pay off big.
To get a free quote from a pre-vetted solar company in Maytown, you can click the button below.
Solar savings over time in Maytown
| Year | Return on Investment |
|---|---|
| 1 years | $-15,037 |
| 3 years | $-12,449 |
| 5 years | $-9,860 |
| 7 years | $-7,271 |
| 9 years | $-4,683 |
| 11 years | $-2,094 |
| 13 years | $494 |
| 15 years | $3,083 |
| 17 years | $5,671 |
| 19 years | $8,260 |
| 21 years | $10,849 |
| 23 years | $13,437 |
| 25 years | $16,026 |
Top Solar Installers in Maytown
When making the switch to solar, many homeowners decide to use a solar installer since putting up a solar system yourself can be a challenging project. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you’d like to make the switch to solar but still aren’t sure which solar system installer to go with, here are our suggestions for providers nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Maytown
Factors that Affect Solar Panel Costs in Maytown
The cost of installing a solar system in Maytown can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar system in Maytown, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past electricity bills. Your total cost can increase by about $3,550 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Maytown, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.Although solar loans make going solar more accessible for Maytown homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Maytown, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $7,080 | 17.2 years |
| 8 kW | $3.62 | $20,278 | $9,837 | 16.8 years |
| 10 kW | $3.55 | $24,850 | $12,794 | 16.5 years |
| 12 kW | $3.48 | $29,224 | $15,949 | 16.2 years |
| 14 kW | $3.41 | $33,398 | $19,303 | 15.8 years |
| 16 kW | $3.34 | $37,374 | $22,855 | 15.5 years |
| 18 kW | $3.27 | $41,152 | $26,607 | 15.2 years |
| 20 kW | $3.19 | $44,730 | $30,557 | 14.9 years |
How to Save on Solar Panels
There are a lot of companies available in Maytown, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Different companies have different brands and models of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Maytown, PA Solar Cost FAQs
What is the average cost of installing solar panels in Maytown?
The average cost of solar panels in Maytown is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Maytown?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is switching to solar power worth it?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.